2009 Outlook

摘要

The year 2008 is behind us-and we are glad, but the crystal ball for 2009 is murky. By all accounts it will be a difficult, unpredictable year. The financial crisis of 2008 was not expected. Full recovery is in the distant future. In 2009, the economy will remain weak and uncertain. Bankruptcies, mergers, and restructuring will headline the "news." Demand for goods and services have declined, and the effect is rumbling through the industry. Reductions in transportation capacity will continue-less freight and passengers to be moved requires less capacity in the system.